For Sale: Slayton MLS# 6716168
Active
$198,500
Multi-family: Four Plex
Built 1948
4,002 sqft • 0.53 acres
Murray County Central schools
MLS# 6716168
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Property Description
Excellent Investment Opportunity in Slayton!
This fully rented 4-plex is a strong addition to any investment portfolio. Located in the west side of Slayton close to the elementary school, this income generating property features four units with a strong history of occupancy. Three of the units offer 2 bedrooms, 1 bathroom, and a single garage stall. The fourth unit is a spacious 3-bedroom, 1.5-bath layout with the added convenience of an attached double garage. All units are heated with propane and offer laundry hook-ups in the shared basement. Recent updates include brand-new shingles on the attached garages (2024) and 5-year-old shingles on the main 4-plex structure, adding peace of mind and long-term value. Whether you're looking to expand your rental holdings or just getting started, this multi-family property delivers reliable cash flow in a stable rental market. Don???t miss your chance to own this solid income-producing asset in a great location! Call for more details!
Listing
Listing Status:
Active
Contingency:
None
List Price:
$198,500
Price per sq ft:
$50
Property Type:
Multi-family
City:
Slayton
Garage Spaces:
6
County:
Murray
Year Built:
1948
State:
MN
Property Style:
Four Plex
Zip Code:
56172
Subdivision Name:
Hagen Add
Interior
Finished Area:
4,002 ft2
Living Area:
4,002 ft2
Ranges:
Four
Refrigerators:
Four
Basement Details:
- Shared Access
- Unfinished
Exterior
Stories:
One and One Half
Garage Spaces:
6
Garage Dimensions:
24x21, 12x21, 22x26, 22x22
Garage Size:
1,812 ft2
Foundation Size:
2,108 ft2
Foundation Dimensions:
68x31
Handicap Accessible:
None
Road Responsibility:
Public Maintained Road
Heating System:
Forced Air
Parking Features:
- Attached Garage
- Detached
Road Frontage:
- City Street
- Paved Streets
Exterior Material:
- Vinyl Siding
- Wood Siding
Roof Details:
Asphalt
Lot & Land
Acres:
0.53
Geolocation:
43.988423, -95.763254
Lot Dimensions:
163 x 142
Schools
School District:
2169
District Phone:
507-836-6183
Expenses
Annual Caretaker Expense:
None
Annual Electric Expense:
None
Annual Fuel Expense:
$1,000
Annual Insurance Expense:
$5,538
Annual Maintenance Expense:
None
Annual Gross Expense:
$2,382
Annual Trash Expense:
$684
Annual Water/Sewer Expense:
$1,344
Tenant Expenses:
Cable TV, Electricity
Financial & Taxes
Tax Year:
2025
Annual Taxes:
$4,114
Lender-owned:
No
Assessment Pending:
No
Taxes w/ Assessments:
$4,114
Income
Annual Gross Income:
$23,160
Units
Total Units:
4
Miscellaneous
Fuel System:
Propane
Owner Occupied:
No
Sewer System:
City Sewer/Connected
Water System:
City Water/Connected
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Listing provided by RMLS,
courtesy of Creative Three, Inc..
Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.
Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.